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1000 Crore Dollars Invested as Equity in Indian Real Estate in 2024 !! A Record-Breaking Achievement

Equity investments in Indian real estate are set to cross $10 billion (₹1,000 crore) for the first time. Inflows reached $8.9 billion from January to September 2024, up 46% year-on-year, driven by strong domestic investor participation and a jump in deal volumes to 200 from 151 in 2023.

By Admin

  • 21st Nov 2024
  • 1127 Views
HDFC Bank to Monetize Real Estate Assets Worth INR 3000 Crore

HDFC Bank, in a strategic move to streamline its portfolio, plans to sell key commercial and residential properties acquired from its 2023 merger with HDFC. Expected to generate around ₹3,000 crore, this divestment signals a shift towards core banking operations and digital growth.

By Admin

  • 13th Nov 2024
  • 1149 Views
Mumbai Property Registrations Skyrocket by 52% in Revenue in Massive Festive Boost

October 2024 saw record property registrations in Mumbai owing to a good purchasing season. Mumbai's property registration revenue is estimated at ₹1,081 crore as of October 29, 2024, as reported by Maharashtra's IGR. An increase of 52% from the ₹712 crore recorded on Diwali in November 2023.

By Admin

  • 31st Oct 2024
  • 1151 Views
Mumbai Real Estate Booms During Navratri 2024 - 13.2% YoY Growth in Registrations

India's biggest and most costly real estate market, Mumbai, started the 2024 festival season with strong Navratri property registrations. Between October 3 and 11, the city registered 5,199 properties, a 13.2% increase over Navratri 2023.

By Admin

  • 19th Oct 2024
  • 1179 Views
Why the Disparity in MHADA Home Prices? Understanding the 2023 and 2024 Variations in Affordable Housing

The Maharashtra houses and Area Development Authority has long promised affordable houses. However, a recent decision has caused major changes in low-income property pricing between 2023 and 2024.

By Admin

  • 10th Oct 2024
  • 1177 Views
212 Maharashtra Housing Projects Breach Regulations - Serious Concerns Raised by MahaRERA

Maharastra has highlighted concerns over 212 housing projects constructed between January and April 2023. Without necessary construction updates, these projects violate rules and have forced MahaRERA to take significant action.

By Admin

  • 29th Sep 2024
  • 1216 Views
Flex Space Demand in India Set to Reach Unprecedented Heights in 2024

Company demand for flexible workspaces will peak in 2024. In the first half of 2023, 106,554 seats have been rented, compared to 155,000 for the year. Leasing is growing rapidly due to economic development, changing work dynamics, and the necessity for cost management.

By Admin

  • 3rd Sep 2024
  • 1198 Views
Warehousing and Logistics Absorption Grows by 8 per cent in H1 2024, Boosted by USD 1 Billion plus Investment Surge

In H1 2024, total absorption in India's warehousing and logistics sector rose 8% from 2023. Vestian Research reported 16.6 million square feet of sector absorption in the first half of 2024. Compared to H2 2023, absorption fell 26%, mostly due to a 74% drop in the National Capital Region.

By Admin

  • 31st Aug 2024
  • 1210 Views
Why is India the Fastest-Growing REIT Market in Asia-Pacific?

India's real estate investment trust (REIT) market grew 31% in 2023, the most in Asia-Pacific, despite a 7% fall overall the $252 billion Asian REIT industry. This increase bodes well for investors in India's young but growing REIT industry.

By Admin

  • 15th Aug 2024
  • 1203 Views
Record-Breaking 5.3 Lakh Homes to be Delivered in India in 2024, Highest in a Decade

In 2024, over 5.3 lakh residences will be completed, a decade-high. The Covid-19 outbreak delayed projects and the government-backed SWAMIH fund revived them, causing this increase. NAREDCO states that almost 4.35 lakh units were constructed in the top seven cities in 2023.

By Admin

  • 29th May 2024
  • 1331 Views
Berger Paints Surpasses INR 10,000 Crore in Sales Milestone

Berger Paints India surpassed ₹10,000 crore in sales and ₹1,000 crore in profit to mark a landmark milestone in 2023-24.

By Admin

  • 18th May 2024
  • 1297 Views
Mindspace Business Parks REIT Sets Record with Over 2 Million Sq Ft Leasing in Q4

Mindspace Business Parks REIT leased over 2 million square feet in the quarter ended March 2024, a record. This is the greatest lease volume since its August 2020 IPO, totaling 3.6 million square feet for 2023-24.

By Admin

  • 1st May 2024
  • 1313 Views
MahaRERA Record - Over 4000 Projects Registered in 2023-24

MahaRERA reached a milestone in 2023-24, registering 4,332 projects from 5,471 applicants. Officials stressed that the remaining applications are being carefully reviewed to ensure project integrity and compliance.

By Admin

  • 6th Apr 2024
  • 1311 Views
Global Capability Centres Emerge As Big Players in Indian Commercial Real Estate

Bengaluru office leasing is changing. Multinational firms' tech and shared service divisions, Global Capability Centres (GCCs), are gaining ground in India's commercial real estate market. In 2023, GCCs leased the most space since the start of the decade, according to Colliers.

By Admin

  • 24th Mar 2024
  • 1262 Views
The Ultimate Dubai Real Estate Investment Guide

Dubai stands as a beacon of architectural innovation and luxury living. With its property market among the world's highest performers, the emirate continues to attract substantial international investment, backed by a 15.9% growth in residential prices through May 2023.

By Admin

  • 24th Mar 2024
  • 1308 Views
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